Year end is a great time to consider the year to come. Review the wins and losses and vow to make 2014 even better. Update your Budget. Consider what costs are going up. Health insurance? Yep. Retirement benefits? You aren’t getting any younger. New trucks? Hey, it’s time. Then, create a top line Sales Goal that will cover your guesstimated costs and deliver your desired amount of profits. Business 101.
Now, consider what that will do to your Selling Prices. Or, put another way, consider what you will have to sell each hour or widget for to hit that Sales Goal. Time to raise prices? Yep. Prices go up…year after year. The truck you just bought Continue reading
“If a man empties his purse into his head no man can take it away from him because an investment in knowledge always pays the best dividend.” ~ Benjamin Franklin
Become a student of business and personal development. Reach out and find community with people who have accomplished things that align with what you want. Consider contrary opinions and be willing to question those considered authorities. Seek divine counsel from within and without. Then, decide and take action. Be willing to pay for advice. However… Continue reading
How very cool that PHC News is hosting a contest where I get to do my favorite thing: Hang out at your shop and help you grow your business! That’s if you are the winner. PHCNews will pick up all the costs. It’s like a TV Makeover Show…starring you and me. Fun! Life changing. Profit building! I’m going to bring lots of bonus gifts, too, when I show up. So, enter to win today.
Here’s the link…
Sometimes you need a hand. Sometimes you can offer one. Be willing to do both.
My great friend, Nancy Michaels, posted a Rant on Saturday. Thanks, Nancy, for this reminder: Your best business will be a reflection of YOU, not anyone else. Mentors, consultants, other businesspeople, can all play a powerful part in your business development. However, steer clear of anyone who wants you to become a mini-them. Thanks, too, Nancy, for including me in your Rant as a good guy. (I do, on occasion, like to wear a costume. Just sayin’!)
Do allow yourself to be helped by enlisting people who can help you with areas of your business. However… Continue reading
Posted in Building the Team
Tagged Advisors, Al Levi, Alex Carol, board member, Clint Arthur, Dan Holohan, Frank Blau, Harriet Rubin, Jeffery Gitomer, Matthew Walters, melinda emerson, Nancy Michaels, Orna Walters
And STOP talking about what you don’t want.
It takes discipline. We are used to whining about stuff. When I checked in for my last flight, the United Airlines rep said, “Show the TSA agent the sticker I put on your boarding pass.” Hmm. Maybe I was chosen for extra screening. A little whine started to bubble up, and I… Continue reading
Last week, I was asked to speak about success to a group of mostly 20-30 year olds. They belong to JCI Wonderful Copenhagen, a chapter of the worldwide JCI organization. I’d never been to Denmark, and I love young people (not as crabby and cynical as old farts.) And I was inspired by the mission of the group and their slogan…Be Better.
So, I said, “Ja!”
Fortunately, the Danes I met speak English very well. So, as a lazy American, I was rewarded yet again for speaking only one, albeit a common, language. Also fortunately, I didn’t study up on characteristics of Danish people. Because according to a few of the delightful people I met, Danes have a reputation of being a bit reticent and not very outgoing. Tværtimod, everyone I met was friendly and kind and welcoming! Continue reading
Anthony and Rose joined me and Shauna (aka Sha-nomenal!) and the Phenomenal Team at Howard Partridge’s Inner Circle program in Houston. There, we hosted the FUNomenal Financial Blast. Owners from 21 companies cleaned up their financials, crunched budgeting numbers, determined selling prices and explored the Financial Quick Check report. Super Nerdy Fun! And powerful financial training. I’m still aglow from the experience.
And apparently Sha-nomenal Shauna made a big impact! Cute video! The event was a big hit…and we decided to do it again. This is a winning way to become a powerful Financial Manager. Stay tuned…we’ll make an announcement soon!
In the meantime, have you taken The Biz Plan Challenge Home Edition? Financial Clean Up…Profitable Business Planning…we are here to help you succeed! This is one BIG product for a “no brainer” price.
I am blogging on behalf of Visa Business and received compensation for my time from Visa for sharing my views in this post, but the views expressed here are solely mine, not Visa’s. Visit http://facebook.com/visasmallbiz to take a look at the reinvented Facebook Page: Well Sourced by Visa Business. The Page serves as a space where small business owners can access educational resources, read success stories from other business owners, engage with peers, and find tips to help businesses run more efficiently. Every month, the Page will introduce a new theme that will focus on a topic important to a small business owner’s success. For additional tips and advice, and information about Visa’s small business solutions, follow @VisaSmallBiz and visit http://visa.com/business.
Michael Gerber – author of The E-Myth – calls it the “Entrepreneurial Seizure.” It’s that moment when it dawns on you that a business of your own is a great idea. You think about the freedom – financial and lifestyle – that you could enjoy. You start counting the money. You visualize “ringing the bell” at the New York Stock Exchange.
That’s not what happened to me. My husband, Hot Rod the Plumber, had a partner. Sadly, at the age of 33, his partner died. He died from a stress-induced health crisis, after working a 100-hour workweek. Sigh. It took a few months to recover from the loss as this fellow had been his best friend as well as partner. I offered to step in and help my husband. With all my education and experience, I figured it would be a snap to run the family plumbing business. Continue reading
Posted in Business Planning, Entrepreneur, Hiring, Setting Sight
Tagged business solutions, d. mike abrashoff, e-myth, Ellen Rohr, entrepreneur, Financial services, jeff gitomer, Jeffrey Gitomer, Jim Rohn, melinda emerson, Michael Gerber, paul mckenna, starting a business, Visa Inc.
Family drama can drive you crazy. The drama multiplies when you have a family business. Yet, when it works, the family business offers…
Trust. An understanding that “We are in this together.”
Legacy. We are creating our own opportunities and fortunes.
Money. As the family expands, so should the business.
LOVE. Yep, love is the best part. You can work, grow, play, discover, expand, get rich…as a family. Continue reading